OpenSea trading volumes nosedive as ETH activity falls to 2021 levels
NFT marketplace OpenSea is seeing user activity drop on its platform to its lowest level since 2021. The NFT platform, once hailed as the leading NFT marketplace, is now struggling to hold its dominance as newer platforms like Magic Eden and Blur are capturing more activity. Data from Token terminal show that OpenSea’s NFT trading volumes have nosedived 33% over the past...